Offer to pay their hourly rate to sit down to answer your questions.

At our local REI flipper group, there was alot of dialogue around math not mathing, wholesalers over pricing, and inventory sitting.

. :) I have the ihour app that has been very useful for me to catch the hours as I go in real time vs. having to recall each moment at the end of a day or week.

This regulation only ask about another 6 months  Holding period is 18 months, as I recall.

Gas and Electric sits in one unit's name (usually the upper, larger and better furnished units) and they split it with the other unit.

You should check out the 2020 state ADU legislation, but off the top of my head I recall two ADUs for 2-4 unit properties and a max quantity of attached ADUs equal to 25% of existing units for 5+ units.

I only ask, because most people are not sitting on $400k cash (obviously this is just my example) to effectively buy a new house without a mortgage.  

Maybe sit down with some lenders to see if the numbers work and if they think it's a good idea with your situation. 

While a flip is more intense, owning a rental is NOT just sitting back and collecting money.  

My CPA advised to designate the LLC as an S-corp for tax advantages (and I am scratching my head on what those were, because I can't recall now) and he helped me do that..